Lessons from S&P Recession Survivors by Larry Mallak
“Investors have heard many decry the decade of the 2000s as the ‘lost decade.’ A dollar invested in the S&P 500 on the first trading day of 1999 saw it worth just 65 cents a decade later. This “underperformance†is seen by many as a failure of the U.S. economic engine. If we look at the Top 20 performers of the S&P 500 during that same time period, we see a vastly different story.â€
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